Amazon, Meta and Microsoft make layoffs amid AI spending and efficiency push

8 articles · Updated · The Washington Post · May 1

Microsoft is offering buyouts to about 7% of its US workforce this month, while Meta has begun notifying staff of cuts and Amazon has already shed tens of thousands.
The report says rising AI-related spending, combined with overhiring during the pandemic and pressure to improve efficiency, is driving reductions more than AI directly replacing workers.
Despite repeated cuts, Amazon, Google and Meta still employ roughly as many people as in 2022, even as major tech groups plan to spend more than $700bn this year largely on AI infrastructure.

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